Using bollinger bands in forex trading

Using bollinger bands in forex trading is the section where you can set the conditions to open long position for your Forex Expert Advisor. To add new rule , press “add” button. To remove a rule , press the “Remove” button.

You can add up to 5 rules. Since most of Forex trading strategies contain common elements: opening positions, closing positions, trailing stops, signals, our generator creates Expert Advisor with those common components for trading Forex markets. All the expert advisors are generated online. There is no need to register or install additional programs. MACD historam staying above zero line — market is bullish, below — bearish. MACD histogram flipping over zero line — confirmation of a strength of a current trend. MACD histogram diverges from price on the chart — signal of an upcoming reversal.